More mainstream financial institutions want in on the crypto market, with foreign exchange traders now clamouring for access, and others, such as brokers and banks, hovering on the fringes.
One fintech company is responding to the demand. Integral, a Palo Alto company which hosts a cloud-based FX Platform, is now covering bitcoin, bitcoin cash, ether and more. Its market data is available in 14 major cryptocurrencies and connects to 16 major exchange sources in Europe, Asia and the US. The service offers a reliable reference price to FX traders, by means of an advanced algorithm for price discovery which was developed in collaboration with Stanford University.
Integral is not new to the game, as it has been in operation since 1993, and now has offices also in New York and London, as well as Singapore, Tokyo and Bangalore. It partners many financial institutions with fintech to cover their FX needs, including such notable clients as American bank, Wells Fargo; Japanese bank, Mizuho; and Israeli bank, Hapoalim.
The market data service was launched in December, and already includes a BTC/EUR pairing, as well as USD pairings with BTC, BCH, BTG, ETH, ETC, ZEC, XRP, XMR, LTC, IOT and NEO, as well as ETH/BCH and BTC/JPY. Within the next few weeks Integral will expand its service to encompass a consolidated order book, available in real-time across all the 16 exchanges.
Short Description / Article Intro
MoreShort Description / Article Intro
MoreShort Description / Article Intro
MoreThe digital economy is maturing and blockchain technology is changing the way many industries do business. The financial sector is leading the way in blockchain and digital assets.
More